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credit inquiries are checks on your credit report. they can be either soft (not affecting your score) or hard (potentially lowering

Question

Credit inquiries are checks on your credit report. They can be either soft (not affecting your score) or hard (potentially lowering your score). Label each action as either a soft or hard inquiry. employee background check pre-qualified insurance quotes qualifying for a phone installment payment plan

Answer

4.3 (115 Votes)
Verificación de expertos
Ulysses Master · Tutor for 5 years

Answer

### Employee background check: Soft inquiry### Pre-qualified insurance quotes: Soft inquiry### Qualifying for a phone installment payment plan: Hard inquiry

Explanation

## Step1: Identifying the Nature of Employee Background Check### An employee background check typically involves a soft inquiry because it does not affect your credit score and is used for employment purposes.## Step2: Identifying the Nature of Pre-Qualified Insurance Quotes### Pre-qualified insurance quotes are generally soft inquiries as they are used to provide potential rates without impacting your credit score.## Step3: Identifying the Nature of Qualifying for a Phone Installment Payment Plan### Qualifying for a phone installment payment plan usually involves a hard inquiry because it is a credit check that can affect your credit score.